Thursday, November 26, 2009

More on Dubai

Dubai's property market bubble is bursted a year ago. The price is down 50%. The support from dubai government won't mean much to investors. Abu Dhabi, on the other hand, will have the means to bail it out and it will get heavy pressure for Dubai, middle east countries, Europe and U.S. to bail it out. Whatever the consequence, it will remind investors of risk again.

No comments:

Post a Comment